Economists See South Africa Averting Second-Quarter Contraction

[ad_1] South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer confidence. In the view of analysts polled by Bloomberg…

SoftBank Group Shares Slump After Second-Quarter Net Loss

[ad_1] SoftBank Group shares fell sharply after the Japanese technology and investment company posted a second-quarter net loss due to weak tech investment results. The company’s shares were recently 6.0%…

Toyota Motor Nearly Tripled Second-Quarter Profit

[ad_1] Updated Nov. 1, 2023 1:49 am ET Toyota Motor raised its full-year earnings guidance after saying that second-quarter net profit nearly tripled from a year earlier as sales grew…

Polestar second-quarter loss widens as it ramps up EV deliveries

[ad_1] The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric-vehicle maker Polestar on…

Nio reports wider second-quarter loss amid China slowdown and product line revamp

[ad_1] Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese…

Asian semiconductor stocks surge after Nvidia posts stellar second-quarter results

[ad_1] Aerial photo shows the factory of Taiwan Semiconductor Manufacturing Company (TSMC) in Nanjing, Jiangsu province, Aug 1, 2023.  Costfoto | Nurphoto | Getty Images Semiconductor-related stocks in Asia surged…

Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs

[ad_1] By Hyunjoo Jin, Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd 005930.KS said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related…

Philips’ Second-Quarter Results 2023

[ad_1]   Forward-looking statements This document and the related oral presentation, including responses to questions following the presentation, contain certain forward-looking statements with respect to the financial condition, results of…

MMHE posts second-quarter net loss of RM388mil

[ad_1] KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) sank into the red in the second quarter ended June 30, 2023 (2Q23). The company posted a net loss…

Foxconn’s Second-Quarter Net Slips as Revenue, Margin Decline

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